The Great Resignation part TWO

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So many Americans quit their jobs in 2021 and 2022 that it became known as the “Great Resignation.” At its peak, a record 4.5-million U.S. workers - about 3% of all employees in the country - were leaving their jobs in the spring of 2022. While that trend has slowed down a lot over the last two years, some experts speculate that another Great Resignation could be coming by the end of the year.

A new survey from ResumeBuilder.com suggests they may be right. It asks 1,000 full-time U.S. workers about if they’re thinking of leaving their jobs anytime soon and finds:

• Overall, 28% say they’re likely to quit this year, including 21% who are “somewhat” likely and 7% who are “highly likely” to quit.
• Gen Z and young millennials are more likely to leave their jobs than older respondents.
• In the 18-to 24-year-old age group, 37% say they’re likely to quit this year and 35% of 25-to 34-year-olds say the same.
• So why do so many people want a new job? The most common reasons people give for considering quitting are low pay (56%), desire for better benefits (44%) and overly-stressful work (43%).
• More than a third (35%) of all workers surveyed say they’d prefer a different work modality than what they have now.
• Among fully in-person workers, 40% would rather be hybrid (25%) or fully remote (15%).
• While 66% of those planning to quit this year are currently applying for new jobs, 32% plan to start soon, and 10% are frustrated enough with their current job that they’ll quit even if they don’t have their next job secured.
• The service/hospitality industry has the highest percentage of respondents who are likely to quit in 2024 with 35%, followed by the tech industry (34%) and finance industry (34%).

Source: USA Today